Auckland software developer Torque has teamed with Hitachi Data Systems to rent hosted software to Australian vehicle leasing and fleet management companies.
Torque has sold its highly customised, CA Ingres developed, ERP (enterprise resource planning) system to vehicle leasors for 10 years but from next year clients will be able to access a hosted version of the software called Torque on demand.
The six-person company is currently migrating two Australian companies, Sumitomo-owned Summit Autolease and Sykes Equipment Finance, to the new service, which is hosted by Hitachi Data Systems’ virtual data centre in Auckland.
Managing director David Snow travelled to Melbourne and Sydney with HDS to demonstrate Torque on demand and hold workshops to fleet management companies.
The company is focusing on the Australian market because it is bigger and most New Zealand leasing companies are subsidiaries of Australian parents anyway, says Snow.
Snow says the message he takes to potential clients is similar to what they say to their own customers. “Why buy your own car when you can future-proof your investment by leasing it?”
He says users would also benefit from economies of scale and systems can be easily scaled as business grows.
Torque on demand can be deployed in six months as opposed to a more usual 18, he says. Although the hosted software is a standard version, Torque still has to develop templates for the various clients, says Snow.
Torque on demand will charge a monthly fee based on the number of users a client has and how many contracts it manages.